- 1 hour 26 minutesTIP818: NVR (NVR): What's Next for One of History's Greatest Compounders? w/ Kyle Grieve & Shawn O'Malley
In today's episode, Kyle Grieve and Shawn O’Malley analyze NVR, Inc., a homebuilder that has achieved incredible returns through disciplined capital allocation and aggressive share buybacks. They’ll explore NVR's differentiated business model, which helps minimize capital intensity and risk, and examine how this strategy has enabled superior returns on capital. They’ll navigate how to think of NVR through cycles and whether it’s a business that is simple to understand.
IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:01:30) How NVR became a legendary share cannibal in homebuilding (00:05:05) The LPA model and how NVR de-risks traditional homebuilding (00:10:16) Why homebuilders love leverage while NVR maintains a fortress balance sheet (00:15:34) How the mortgage banking segment generates high margins (00:21:41) The history of its margin rise and stabilization (00:27:49) How counter-positioning creates competitive advantages (00:52:58) How management is aligned through ROIC incentives and deep insider ownership (01:06:15) About the cyclicality trap, homebuilders must deal with (01:18:45) The three distinct valuation scenarios and what they reveal (01:14:06) Intrinsic value of NVR (01:26:15) Whether Kyle and Shawn will add NVR to the Intrinsic Value Portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Read Norbert Lou’s initial NVR writeup from 100.
- Joel Greenblatt’s NVR case study.
- Follow Kyle on X and Linkedin.
- Follow Shawn on X and Linkedin.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
28 May 2026, 12:00 am - 1 hour 8 minutesTIP817: Simple Investing Beats Complexity
In this episode, Stig Brodersen speaks with David Fagan about why simplicity often beats complexity in investing and life. They discuss why many investors overcomplicate wealth creation, how simple systems can lead to better long-term outcomes, and why clarity, focus, and consistency are often underrated advantages.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:02:13) Why you should choose simplicity over complexity in investing and life
(00:14:13) Why complexity is hardwired into us
(00:18:26) The simple truth about becoming financially independent
(00:34:17) Why simplicity gives clarity and peace of mind
(00:35:45) How we’re all driven by incentives, whether they are financial or not
(00:37:15) Why you should know about irreducibility and Occam’s Razor
(00:39:04) Why everything in financial planning starts with savings
(00:42:33) Why you should not have a budget but a personal spending planDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Check out Stig and David’s new free educational resource, Compounding Simplicity.
- Watch David Fagan’s videos about Compounding Simplicity.
- Listen to our interview with David Fagan about Simple Investing.
- Listen to our interview with David Fagan about investing like a business owner.
- Listen to our interview with David Fagan about Buffett’s favorite business book.
- Stig’s blog post on his portfolio and track record since 2014.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
24 May 2026, 12:00 am - 1 hour 37 minutesTIP816: Sea Limited (SE): Can Sea Limited 10x Again? w/ Daniel Mahncke & Shawn O’Malley
Daniel Mahncke and Shawn O'Malley take a deep dive into Sea Limited — the largest Southeast Asian marketplace whose investment case now turns on two of the most debated questions in the stock today: whether Shopee's dominance across Southeast Asia can hold up against TikTok Shop without margins being structurally capped near current levels, and whether Sea's expansion into Brazil, head-to-head with Mercado Libre, is the next leg of the story or a costly distraction from the markets where the company already wins.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro (00:02:36) How Sea Limited was founded (00:06:39) Which business units belong to Sea Limited (00:11:48) How a gaming business is funding Shopee and Monee (00:16:54) How Monee compares to Mercado Libre's Mercado Pago (00:42:32) Why Shopee has become the largest e-commerce company in SEA (01:19:22) How Sea Limited’s moat looks like (01:28:17) Why Sea Limited is so strong in Brazil (01:34:22) Whether Shawn and Daniel add SE to the Intrinsic Value Portfolio
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Norges Bank Interview with SE CEO.
- Jimmy’s Journal's Article on SEA.
- RS Capital Deep Dive on SEA.
- Hayden Capital Interview with Drew Cohen.
- Hayden Capital Shareholder Letter.
- Previous Intrinsic Value breakdowns: Mercado Libre, Coupang, Amazon.
- Follow Shawn on X and Linkedin.
- Follow Daniel on X and Linkedin.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
21 May 2026, 12:00 am - 1 hour 8 minutesTIP815: Lyn Alden on Why Fiscal Dominance Changes Everything
Stig Brodersen welcomes back renowned macroeconomist and bestselling author Lyn Alden. They explore fiscal dominance, gold, energy markets, and the shifting role of the U.S. dollar in a more fragmented global economy. Lyn also explains why higher interest rates may no longer slow inflation the way they once did, and what this changing macro regime means for investors.
IN THIS EPISODE YOU’LL LEARN:
(00:00:00) Intro
(00:02:24) Why you can’t ignore macro in the era of fiscal dominance
(00:13:00) How to think about treasuries and gold with respect to their dilution rates
(00:18:08) Who benefits and who loses from a strong dollar domestically and internationally
(00:24:31) Who are the winners and losers from higher oil prices across countries and sectors
(00:32:02) Whether you are benefiting from fiscal deficits as an investor and consumer
(00:34:25) Why price controls won’t solve the problem
(00:52:24) Why the biggest companies essentially short the US dollarDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Lyn Alden’s book, Broken Money.
- Lyn Alden's free website.
- Our interview with Lyn Alden about Dollar Dominance Decline.
- Our interview with Lyn Alden about Investing during Fiscal Dominance.
- Our interview with Lyn Alden about Gold.
- Our interview with Lyn Alden about Currencies and Debt.
- Our interview with Lyn Alden about her book, Broken Money.
- Barry Eichengreen’s book, Money without Borders.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
18 May 2026, 9:24 pm - 1 hour 18 minutesTIP814: Formula One Group (FWONA): The Only Sports Franchise Worth Owning w/ Kyle Grieve & Shawn O'Malley
Kyle Grieve and Shawn O’Malley analyze Formula One Group, a business that commands nearly a billion global fans, generates billions in revenue from only 24 live events, and boasts free cash flow margins nearly any business would envy. They’ll trace the company’s growth history, untangle its complex capital structure, and assess its current debt situation. They’ll also cover F1’s competitive advantages, pricing power, incentives, and so much more!
IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:01:55) How F1 generates billions of dollars from 24 live events (00:03:22) Why most sports franchises fail to produce cash flow (00:05:16) How Liberty got away from the tracking stock structure to simplify things (00:16:19) How the Concorde agreements pose risk (00:21:10) The debt structure Liberty built to help build sustainable cash flow (00:38:04) Details of F1 Group’s other surprising racing league (00:45:34) How Netflix’s streaming coverage of F1 helped grow the sport (01:02:02) Why the business remains capital light (01:11:30) How cross-promotions and synergies create exciting new growth levers
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Track The Intrinsic Value Portfolio.
- Watch the video about the dealmakers behind F1’s success.
- Watch how F1 impacts local communities with its events.
- Read the book on Formula One’s history.
- Follow Kyle on X and Linkedin.
- Follow Shawn on X and Linkedin.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
14 May 2026, 12:00 am - 57 secondsTrailer: The Investor's Podcast Show (formerly We Study Billionaires)
Hosted by Stig Brodersen, William Green, Shawn O'Malley, Daniel Mahncke, and Kyle Grieve, The Investor’s Podcast has proudly reached nearly 200 million downloads, as the world's largest stock-investing-focused podcast.
On the show, we study a range of businesses and their investment prospects, from Spotify to Amazon, serial acquirers like Constellation Software, deep value plays, and more, using lessons from some of the world's most famous investors, like Warren Buffett, Charlie Munger, and Howard Marks.
Leverage the lessons we learned from studying, and talking to, the world's best investors, and apply them in your own investing journey, while following along with our company case studies. For more insights on how to value companies and build a stock portfolio, you can also sign up for our free weekly newsletter.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
13 May 2026, 2:57 am - 1 hour 33 minutesRWH068: How to Be Better in Work & Life w/ David Epstein
William Green chats with David Epstein about his groundbreaking new book, Inside the Box. In this conversation, David shares practical strategies & research-based insights to help you flourish professionally & personally. In a world of infinite choices & complexity, this episode directs your focus to what matters most.
IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:01:05) What David Epstein learned from a brilliant Nobel Prize-winning economist (00:04:14) Why it’s smart to aim for “good enough” (00:05:59) How a brutal injury led David to life-changing breakthroughs (00:20:14) What he does to preserve his attention (00:25:58) How Isabel Allende illustrates the powerful benefits of silence & structure (00:35:59) How to identify bottlenecks & tackle limiting factors (00:50:42) Why one of the world’s hottest start-up companies flamed out (00:54:51) How a structured system made Pixar a creative & financial trailblazer (01:03:01) How to balance a grand vision with practical steps along the way (01:07:16) What a dead blues guitar hero can teach you about focused learning (01:12:14) Why limitless autonomy may not make you as happy as you expect (01:16:46) How to identify values that give meaning & coherence to your life (01:22:35) What David learned from his most inspiring role models
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Inquire about William Green’s Richer, Wiser, Happier Masterclass.
- David Epstein’s books: Inside the Box, Range, The Sports Gene.
- William’s book, Richer, Wiser, Happier.
- Follow William Green on X.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
10 May 2026, 12:00 am - 1 hour 33 minutesTIP813: Microsoft (MSFT): Is Microsoft a Misunderstood AI Opportunity? w/ Daniel Mahncke & Shawn O’Malley
Daniel Mahncke and Shawn O'Malley take a deep dive into Microsoft — the $3 trillion incumbent whose entire investment thesis now hinges on two of the most contested questions in technology: whether AI will reinforce or quietly dismantle the software franchises that built the company, and whether the OpenAI partnership is the strategic masterstroke it appeared to be in 2023, or a relationship that is slowly turning from asset into liability.
IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:01:27) About all major business units (00:12:05) How LinkedIn’s business works (00:18:24) How the cloud business keeps growing (00:21:17) What the future plans for gaming are (00:24:49) Why the Office products might be in danger (00:50:52) How AI is challenging Microsoft’s software (00:55:10) Who captures the most value from AI (01:22:46) Whether Shawn and Daniel add MSFT to the Intrinsic Value Portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Microsoft Investor Relations.
- World Economic Forum Interview with CEO.
- Follow Daniel on X and Linkedin.
- Follow Shawn on X and Linkedin.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
7 May 2026, 12:00 am - 1 hour 8 minutesTIP812: Mohnish Pabrai on Berkshire & Letting Winners Run
On today’s show, Stig Brodersen talks with legendary value investor Mohnish Pabrai. Since its inception in 1999, one dollar invested in the flagship fund would have grown to $17.29, compared with $6.29 for the S&P 500. In the special interview, you can join Mohnish and Stig’s discussion on Berkshire Hathaway, investing mistakes, and the importance of letting winners run.
Disclaimer: Stig Brodersen is an investor in Pabrai Funds, which creates a potential conflict of interest, as he may benefit if the funds perform well. He will not be compensated for this interview
IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:01:53) Whether Greg Abel’s compensation is fair (00:05:21) Why most investments fail, and why that’s okay (the “4% rule”) (00:11:40) Whether to own Berkshire Hathaway or the S&P500 over the next century (00:28:23) Why Stig thinks that Mohnish diversifies too much (00:31:04) Why good asset managers should eventually have 95% of their portfolio in one stock (00:36:21) How Mohnish met Michael Burry (01:04:50) What Mohnish learned from his best friend Guy Spier
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Mohnish Pabrai’s website.
- Learn more about Mohnish Pabrai’s Dakshana Foundation.
- Our interviews with Mohnish Pabrai about Investing and Life Lessons.
- Our interviews with Mohnish Pabrai about The Inner Scorecard.
- Our interviews with Mohnish Pabrai about Masterclass Investing.
- Our interviews with Mohnish Pabrai about investing in stocks.
- Follow Stig on X and Linkedin.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
3 May 2026, 12:00 am - 1 hour 21 minutesTIP811: OTC Markets (OTCM): A Picks and Shovels Play in Modern Capital Markets w/ Kyle Grieve & Shawn O'Malley
Kyle Grieve and Shawn O’Malley analyze OTC Markets Group, a hidden infrastructure company that collects tolls on over 12,000 securities while operating with fewer than 130 employees. They explore why OTCM is the only viable option for small companies and international firms seeking access to the US market. Find out whether the current stock price offers an attractive entry point for value investors.
IN THIS EPISODE YOU’LL LEARN: (00:00:00) Intro (00:01:24) Why OTC Markets operates as a hidden monopoly, most investors have never heard of (00:03:08) The three business segments generating recurring revenue from market infrastructure (00:09:09) How OTCM's pricing power compares to other monopolistic businesses (00:14:54) Why 130 employees can manage the infrastructure for over 12,000 securities (00:19:41) What keeps customers so loyal (00:27:02) How regulatory relationships create barriers to entry (00:50:22) The surprising reason declining subscriber counts might not be concerning (00:59:00) The exceptional unit economics that make Corporate Services so profitable (01:02:29) Why management's capital allocation approach is so different from that of typical CEOs (01:19:54) Whether this hidden infrastructure gem deserves a spot in your portfolio
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Join The Intrinsic Value Conference in Omaha this May 1, 2026!
- Track The Intrinsic Value Portfolio.
- Learn more about OTC Markets Group on their IR.
- Listen to an interview with CEO, Cromwell Coulson.
- Follow Kyle on X and Linkedin.
- Follow Shawn on X and Linkedin.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
30 April 2026, 12:00 am - 1 hour 38 minutesTIP810: Berkshire Hathaway 2026 Valuation w/ Chris Bloomstran
Stig has invited legendary investor Chris Bloomstran from Semper Augustus to teach us how to value Berkshire Hathaway on today's show. Semper Augustus has an outstanding track record with a compounded annual growth rate of 12.4% on equities since its fund's inception on 2/28/1999, compared to 8.5% for the S&P 500.
IN THIS EPISODE YOU’LL LEARN: 00:00:00 - Intro 00:04:25 - What the intrinsic value of Berkshire Hathaway is, and what type of return you can get going forward 00:21:39 - Chris’s opinion on Greg Abel’s first letter to shareholders 00:38:39 - How should Berkshire management be compensated? 01:05:36 - How to think about valuing OpenAI 01:12:42 - Why S&P 500 share buybacks don’t benefit investors 01:22:53 - Thinking about investing risk from sudden loss vs. the slow decline of an asset manager 01:29:03 - Why Buffett reads Chris’s annual letter
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community.
- Join The Intrinsic Value Conference in Omaha this May 1, 2026!
- Stig’s 2025 interview with Chris Bloomstran about Berkshire Hathaway.
- Stig’s 2024 interview with Chris Bloomstran about Berkshire Hathaway.
- Stig’s 2023 interview with Chris Bloomstran about Berkshire Hathaway.
- Chris Bloomstran’s website.
- Read Chris Bloomstran’s annual letters.
- Buffett resource on CNBC.
- Alex Morris’ book, Buffett and Munger Unscripted.
- Follow Stig on X and Linkedin.
- Related books mentioned in the podcast.
- Ad-free episodes on our Premium Feed.
NEW TO THE SHOW?
- Get smarter about valuing businesses through The Intrinsic Value Newsletter.
- Check out The Investor’s Podcast Starter Packs.
- Follow our official social media accounts: X | LinkedIn | Facebook.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS Support our free podcast by supporting our sponsors:
References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor’s Podcast Network is not responsible for any claims made by them.
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
26 April 2026, 12:00 am - More Episodes? Get the App